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Target TGT Net Income

Net Income at other companies

Dollar General logo
Dollar GeneralDG
$550.32M+33.8%
Kroger logo
KrogerKR
$641M+5.3%
Walmart logo
WalmartWMT
$6.37B-9.4%
TJX Companies logo
TJX CompaniesTJX
$1.52B+22.3%
Bath & Body Works logo
Bath & Body WorksBBWI
$118M+84.4%
Williams-Sonoma logo
Williams-SonomaWSM
$338.11M+36.6%

Segments

By segment

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Reportable Segment$1.88B+101%

Other financials

Income statement

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Revenue$26.5B+5.3%
Gross profit$8.9B+22.3%
Operating income$2.6B+94.4%
EPS (diluted)$4.11+100%

Balance sheet

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Cash & equivalents$5.4B+24.6%
Total debt$18.7B-6.4%
Total equity$17.8B+15.7%
Total assets$61.2B+5.8%

Cash flow

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Operating cash flow$3.8B+82.6%
CapEx$1.4B+27.5%
Free cash flow$2.4B+141%

Valuation

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Market cap$70.31B+73.7%
Enterprise value$83.58B+49.0%
P/E16×+5.7×
P/S0.7×+0.3×

Profitability

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Gross margin29.3%+1.5pp
Operating margin5.6%+0.5pp
Net margin4.1%+0.4pp
FCF margin4.1%+1.4pp

Returns & leverage

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Return on equity26.4%+0.1pp
Debt / equity1×-0.2×
Current ratio1×0.0×

Where this comes from

Reported directly by Target in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Target’s 10-Q, filed August 28, 2026.

Filed
Aug 28, 2026, 1:53 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q3 2026
Accession
0000027419-26-000042
Consolidated Statements of Operations / (millions, except per share data) (unaudited)Three Months Ended / August 1, 2026Three Months Ended / August 2, 2025Six Months Ended / August 1, 2026Six Months Ended / August 2, 2025
Net other expense / (income)3(17)(13)(43)
Earnings before income taxes2,4591,2183,4932,600
Provision for income taxes582283835629
Net earnings$1,877$935$2,658$1,971
Basic earnings per share$4.13$2.06$5.85$4.33
Diluted earnings per share$4.11$2.05$5.83$4.32
Weighted average common shares outstanding
Basic454.4454.6454.1454.8

Item 1. Financial Statements (unaudited)

FAQ

What is Target's net income?
Target (TGT) reported net income of $1.88B in Q2 2026.
How has Target's net income changed year-over-year?
Target's net income increased by 100.7% year-over-year, from $935M to $1.88B.
What is the long-term trend for Target's net income?
Over 4 years (2021 to 2025), Target's net income has grown at a -14.5% compound annual growth rate (CAGR), from $6.95B to $3.71B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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